Zacks Trade
zulutrade
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Overview
Zacks Trade was founded in 2008 and is headquartered in United States, while zulutrade was established in 2019 and is based in Geneva. Zacks Trade holds licences including Unregulated, while zulutrade is regulated by Financial Conduct Authority (FCA) among others. Zacks Trade serves 10,000+ clients worldwide; zulutrade has 10,000+. The minimum deposit is $2500 at Zacks Trade and $250 at zulutrade.
| Feature | Zacks Trade | zulutrade |
|---|---|---|
| Min. Deposit | $2500 | $250 |
| Regulation | Unregulated | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F334 |
| Founded | 2008 | 2019 |
| Country | United States | Geneva |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Zacks Trade and zulutrade, directly affecting your bottom line as a trader. zulutrade has a lower barrier to entry with a minimum deposit of $250 (vs $2500 at Zacks Trade). Neither broker charges withdrawal fees. Zacks Trade charges deposit fees; zulutrade does not. The two brokers are broadly comparable on fee structure.
| Feature | Zacks Trade | zulutrade |
|---|---|---|
| Min. Deposit | $2500 | $250 |
| Withdrawal Fees | No | No |
| Inactivity Fees | No | No |
| Deposit Fees | Yes | Yes |
| CFD Fees | Yes | Yes |
Platforms
Zacks Trade offers MT4, MT5, cTrader, while zulutrade supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. zulutrade supports social and copy trading features, which Zacks Trade does not offer. The two brokers are closely matched on platform offering.
| Feature | Zacks Trade | zulutrade |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | Android,iPhone/iPad,Tablet | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Zacks Trade and zulutrade compare. Both brokers run regular live webinars. Both provide video tutorials, including advanced content. Daily market commentary is available from both brokers. Both integrate third-party research tools including Trading Central. Archived webinars are available at both brokers for self-paced learning. The two brokers are evenly matched on educational content.
| Feature | Zacks Trade | zulutrade |
|---|---|---|
| Forex Education | Yes | Yes |
| CFD Education | Yes | Yes |
| Weekly Webinars | Yes | Yes |
| Daily Commentary | Yes | Yes |
| Trading Central | Yes | Yes |
| Autochartist | Yes | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Zacks Trade accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while zulutrade supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). zulutrade uniquely supports PayPal and Skrill and Neteller among the two brokers. zulutrade scores higher on deposit and withdrawal flexibility.
| Feature | Zacks Trade | zulutrade |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Zacks Trade and zulutrade offer live chat support. Both provide phone support. Email support is available at both brokers. Zacks Trade supports 2 languages and zulutrade supports 8, giving zulutrade broader global reach. Both brokers are comparable on support quality.
| Feature | Zacks Trade | zulutrade |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |